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December 21, 2021

U.S. Secretary of Commerce Gina Raimondo Announces $5 Million in Economic Development Administration American Rescue Plan Funding to Support Territory-wide Economic Development Planning

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding American Rescue Plan statewide planning grants to five territories to support territory-wide economic development planning efforts.
  • Press Release
  • American Rescue Plan
December 13, 2021

U.S. Secretary of Commerce Gina M. Raimondo Announces Finalists for $1 Billion “Build Back Better Regional Challenge"

WASHINGTON - U.S. Secretary of Commerce Gina M. Raimondo today announced the 60 finalists for the U.S. Economic Development Administration’s (EDA) $1 billion “Build Back Better Regional Challenge” – the marquee of EDA’s American Rescue Plan programs – that aims to boost economic pandemic recovery and rebuild American communities, including some that have been grappling with decades of disinvestment. The Build Back Better Regional Challenge provides transformative investments – up to $100 million per grantee – to develop and strengthen regional industry clusters across the country, all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
  • Press Release
  • American Rescue Plan
November 4, 2021

U.S. Secretary of Commerce Gina Raimondo Announces $30 Million in Economic Development Administration American Rescue Plan Funding to Support Statewide Economic Development Planning

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo today announced that the Department’s Economic Development Administration (EDA) is awarding $1 million American Rescue Plan grants to 30 states and territories across the nation to support statewide economic development planning efforts.
  • Press Release
  • American Rescue Plan
October 29, 2021

U.S. Department of Commerce Announces Build Back Better Regional Challenge Applicants, Shows Incredible Enthusiasm for Transformational Investment in Regions Across the Country

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it has experienced strong interest in its American Rescue Plan Build Back Better Regional Challenge, receiving 529 applications from regions across all 50 states and five territories.
  • Press Release
  • American Rescue Plan
October 21, 2021

U.S. Secretary of Commerce Gina Raimondo Announces First Awards Distributed Under Economic Development Administration’s American Rescue Plan Programs

WASHINGTON – U.S. Secretary of Commerce Gina M. Raimondo is pleased to announce that the Department’s Economic Development Administration (EDA) has begun awarding its historic $3 billion in American Rescue Plan funds to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks.
  • Press Release
  • American Rescue Plan
October 21, 2021

U.S. Department of Commerce Invests $2 Million in American Rescue Plan Funds to Diversify and Grow Morgantown, West Virginia’s Economy

WASHINGTON – Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding its first local investment as part of the Coal Communities Commitment to the Morgantown Utility Board in Morgantown, W.Va. The $2 million American Rescue Plan grant will help  create 300 jobs and generate $250 million in private investment to build a new  beverage processing and packaging facility in the Morgantown Industrial Park.
  • Press Release
  • American Rescue Plan